I am looking to upgrade my toyota corolla to X3. I wanted to keep the lease close to $475 with $2500 down. After negotiation, I got this quote from the dealer. I am confused if this is correct price or can be brought down. This is fully loaded X3.
How do you see the quote? I am trying to remove some packages (finding a vehicle in inventory is the toughest job) and if I bring the MSRP to 53600$, can I expect it to be closer to $475?
Make sure that the dealership is qualifying you for all the rebates which work. Also, if you can manage to get 10% off prior to the rebates, you’ll be down to about $500-$510 which is closer to what you’re aiming for.
Take your corolla to CarMax if you have one nearby and hire a broker for the X3
You’ll come out with a much better deal and less headaches than trying to negotiate with the dealer yourself
Oh my word: What a mess.
For starters, that discount is…for lack of a better term, not great. Basically just invoice (option heavy cars tend to be around 6.5% to invoice)
Try aiming for 12% (49,500) SP before incentives. With full cap on tax, and other inceptions and applying full MSD’s you should be at $600/mo (Because of Texas tax being due on sale price less incentives…) if you remove the trade from the deal altogether.
Secondly: Have you gotten any quotes from Vroom, Carvana, Shift, or Carmax for your car? If not? Do.